Common use of Payment of Administration Fee Clause in Contracts

Payment of Administration Fee. On each Settlement Date and each Termination Settlement Date, the Seller Representative shall pay to the Administrative agent, for its own account, an administration fee (the “Administration Fee”) in an amount equal to: AF = FA x R x (SP / 360), in which: Term Definition

Appears in 4 contracts

Samples: Master Accounts Receivable Purchase Agreement, Master Accounts Receivable Purchase Agreement (CSRA Inc.), Master Accounts Receivable Purchase Agreement (Computer Sciences Government Services Inc.)

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Payment of Administration Fee. On each Settlement Date and each Termination Settlement Date, the Seller Representative (on behalf of the Sellers) shall pay to the Administrative agent, for its own account, an administration fee (the “Administration Fee”) in an amount equal to: AF = FA x R x (SP / 360), provided for in which: Term Definitionthe Administration Fee Letter; provided that no Administration Fee and no Administration Fee Letter shall be required to be in place at such times as there is only one Purchaser.

Appears in 3 contracts

Samples: Master Accounts Receivable Purchase Agreement (Caci International Inc /De/), Master Accounts Receivable Purchase Agreement (Caci International Inc /De/), Master Accounts Receivable Purchase Agreement (Caci International Inc /De/)

Payment of Administration Fee. On each Settlement Date and each Termination Settlement Date, the Seller Representative shall pay to the Administrative agent, for its own account, an administration fee (the “Administration Fee”) in an amount equal to: AF = FA x R x (SP / 360), provided for in which: Term Definitionthe Administration Fee Letter. Section 3.6.

Appears in 1 contract

Samples: Receivable Purchase Agreement

Payment of Administration Fee. On each Settlement Date and each Termination Settlement Date, the Seller Representative shall pay to the Administrative agentAgent, for its own account, an administration fee (the “Administration Fee”) in an amount equal to: AF = FA x R x (SP / 360), provided for in which: Term Definitionthe Administration Fee Letter.

Appears in 1 contract

Samples: Master Accounts Receivable Purchase Agreement (Perspecta Inc.)

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Payment of Administration Fee. On each Settlement Date and each Termination Settlement Date, the Seller Representative shall pay to the Administrative agent, for its own account, Purchaser an administration fee (the “Administration Fee”) in an amount equal to: AF = FA x R x (SP / 360), in which: Term Definition

Appears in 1 contract

Samples: Master Accounts Receivable Purchase Agreement (Computer Sciences Corp)

Payment of Administration Fee. On each Settlement Date and each Termination Settlement Date, the Seller Representative shall pay to the Administrative agent, for its own account, an administration fee (the “Administration Fee”) in an amount equal to: AF = FA x R x (SP / 360), provided for in which: Term Definitionthe Administration Fee Letter.

Appears in 1 contract

Samples: Master Accounts Receivable Purchase Agreement (DXC Technology Co)

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